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MILITARY VETERANS FACTS | 32819 | 32836 | Orlando Florida

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MILITARY VETERANS FACTS

All facts are according to the Department of Defense as of October 1st 2021 that 4.6 million veterans and disability are receiving disability compensation of which 662,749 are rated 100% disable in count.

WWI 1917-1918 the last veteran died in 2012.

WWII 1941-1945 about 568,000 remaining veterans, about 400 pass away per day; average age 91. This represent about 2.7% of 20 million.

The Korean conflict 1950-1953 about 1.2 million veterans; average age 83. This represent about 5.9% of 20 million.

The Vietnam war 1964-1973 about 6.1 million veterans; average age 68. This represents about 30% of 20 million. As you can see, the average age decreased.

Desert Storm 1990 - current about 7.7 million veterans; average age are about 36% of 20 million.

Peacetime Veterans (all periods) about 4.6 million represent about 22% of the 20 million veterans. 

The top Five States with the most Veterans are California, Texas, Florida, Pennsylvania and Ohio.

DEMOGRAPHICS 

As os September 2019 there are about 1.4 million active-duty personnel. Of this number, women represent about 16%. The top five states with active-duty personnel are California with 184, 540, Texas with 164,234, Virginia with 15,280, North Carolina with 112,951 and Florida with 92,249.

SELECTIVE RESERVE FORCES

As of September 2017 the Selected Reserve Forces are made up of seven components including the Army National Guard, the Army Reserve, Air National Guard, Air Force Reserve, Navy Reserve, Marine Corps Reserve and the Department of Homeland Security's (DHS) and Coast Guard Reserve.

There are about one million members in these seven Selective Reserve Forces.

Across the Department of Defense Active Duty and Selective Reserve population combined, there are about 2.4 million military personnel.

Additionally there are 3 million family members, including spouses, children, and adult dependents that accompany the 2.2 million active-duty and reserves forces. 

VA LOANS

The VA Loan guaranty program was advanced as an alternative device to a cash bonus, because it would be vastly less expensive to the Government, and because it would better serve the needs of veterans.

The basic requirements for a VA loan approval is that applicant must be an eligible veteran who has available entitlement, a valid Certificate of Eligibility.

The Veteran must occupy the property as a primary residence within a reasonable period of time after the loan closes. The Veteran must be as satisfactory credit risk. The income of the borrower(s) must be shown stable and sufficient to meet the mortgage payments and cover the cost of owning a home while taking care of other obligations and expenses and still have enough money left over to support their family.

I am a veteran myself and have much more information concerning purchasing a home with a VA Loan.  Feel free to reach out to me at 407 479-8583 with any questions. 

 


  • MILITARY VETERANS FACTS | 32819 | 32836 | Orlando Florida
  • MILITARY VETERANS FACTS | 32819 | 32836 | Orlando Florida
  • MILITARY VETERANS FACTS | 32819 | 32836 | Orlando Florida
  • MILITARY VETERANS FACTS | 32819 | 32836 | Orlando Florida
  • MILITARY VETERANS FACTS | 32819 | 32836 | Orlando Florida

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Stellar MLS (updated 5/24/22 2:34 PM) |
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